Economy & Markets
The important economic and stock market news that advisors need to know.
Goldman Sachs Predicts S&P Will Rise 18% in 2011
By Danielle AndrusA 'decent' year seen for Treasuries and 3.4% economic growth but moderate inflation
January 13, 2011
Spain, Italy Sell Bonds to Strong DemandApparent confidence in the ability of the euro zone to combat its ongoing debt crisis marked the first auction for the year of Spanish and Italian bonds on Thursday.
January 12, 2011
Fed Beige Book: Economy Ends 2010 Well, but Risks LoomThe U.S. economy ended last year on an encouraging note, with all parts of the country showing improvements, the Fed's Beige Book survey stated.
January 12, 2011
Portugal Bond Sale Goes Well, Yield DropsPortugal got two pieces of good news after its Wednesday auction of its 10-year bonds: buyers were eager to scoop them up and the yield dropped.
January 11, 2011
The Volatile Ride of Closed-End Funds in 2010But a healthy increase for the year—to $5.9 billion—in closed-end fund IPOs.
January 11, 2011
Ho, Ho, Ho Hum: Despite Rising Yields, Bond Trading Stayed LowInvestors seemed to be more concerned with their holiday plans than their bond portfolios in December.
January 11, 2011
Ken Fisher: U.S. Blue Chips Will Top World MarketsBillionaire investor Kenneth Fisher says the biggest U.S. companies will lead global stocks in 2011, even as returns diminish after a 21-month bull market.
January 11, 2011
Portugal Says It Doesn’t Need Aid, Criticizes EU PartnersPortugal insisted it doesn't need a bailout and criticized its European partners on Tuesday for not doing enough to shield the euro from a debt crisis that has already forced Greece and Ireland to seek outside help.